Nashville Home Prices Affected By Distressed Sales
The average year over year price drop in Tennessee for March 2011 was 2.8%. When all of the distressed homes were removed from the Tennessee sales, the average price drop in March 2011 was only 0.8%. Tennessee has also declined for eight straight months, ranging from 2.77% - 4.21% per month. Over the long-term, Tennessee Home Prices have decreased twenty-three out of the last twenty-four months.
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